Advisory Services Network LLC Has $841,000 Position in Fidelity Low Volatility Factor ETF (NYSEARCA:FDLO)

Advisory Services Network LLC trimmed its position in shares of Fidelity Low Volatility Factor ETF (NYSEARCA:FDLO) by 6.2% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 13,887 shares of the company’s stock after selling 920 shares during the quarter. Advisory Services Network LLC owned approximately 0.07% of Fidelity Low Volatility Factor ETF worth $841,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors also recently added to or reduced their stakes in FDLO. FMR LLC grew its position in Fidelity Low Volatility Factor ETF by 10.0% in the 4th quarter. FMR LLC now owns 10,286,431 shares of the company’s stock worth $623,255,000 after purchasing an additional 934,366 shares during the last quarter. Commonwealth Equity Services LLC boosted its stake in Fidelity Low Volatility Factor ETF by 3.2% in the fourth quarter. Commonwealth Equity Services LLC now owns 748,404 shares of the company’s stock worth $45,346,000 after purchasing an additional 23,477 shares in the last quarter. Envestnet Asset Management Inc. grew its holdings in Fidelity Low Volatility Factor ETF by 6.8% during the 4th quarter. Envestnet Asset Management Inc. now owns 592,338 shares of the company’s stock worth $35,890,000 after acquiring an additional 37,741 shares during the last quarter. LPL Financial LLC raised its position in Fidelity Low Volatility Factor ETF by 5.7% in the 4th quarter. LPL Financial LLC now owns 167,858 shares of the company’s stock worth $10,171,000 after purchasing an additional 9,014 shares during the last quarter. Finally, Raymond James Financial Inc. acquired a new position in shares of Fidelity Low Volatility Factor ETF during the fourth quarter valued at $6,186,000.

Fidelity Low Volatility Factor ETF Stock Up 0.9 %

NYSEARCA:FDLO opened at $58.56 on Tuesday. Fidelity Low Volatility Factor ETF has a 12-month low of $53.59 and a 12-month high of $63.32. The firm has a market capitalization of $1.29 billion, a P/E ratio of 22.87 and a beta of 0.82. The stock’s fifty day simple moving average is $60.63 and its 200-day simple moving average is $61.26.

Fidelity Low Volatility Factor ETF Profile

The Fidelity Low Volatility Factor ETF (FDLO) is an exchange-traded fund that is based on the Fidelity U.S. Low Volatility Factor index. The fund tracks an index of large- and mid-cap US stocks selected for low volatility of returns and earnings. FDLO was launched on Sep 12, 2016 and is managed by Fidelity.